In this paper, we summarize the findings of a series of our papers on the relationship between financial contracting and the game of entry-deterrence in a dynamic context.The incumbent has private information about its cost and enters into an agency relationship with a lender in each of the two...

In a bargaining model with dependent private information, I extend the result on existence of efficient mechanisms allowing any distribution of the surplus among traders. This generalization introduces flexibility into the model since full surplus extraction by one trader is incompatible with ex...